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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Monday PM 7-31-17
BobS: July 31, 2017 22:14 Direct: Oil production has risen in the United States during the month of May, to increase the supply pressure in the global market for crude . US Department of Energy data released on Monday, the rise of US oil production showed during the month of May by 0.6% at 9.17 million barrels per day, compared to the level of 9.11 million barrels per day in the previous month .
On an annual basis, the rise of oil production data in the United States showed 3.6% during the month of May, compared to the same period in 2016 which recorded a level of 8.853 million barrels per day . By the time 19:56 GMT futures price for crude , "NYMEX" increased by 0.9% at $ 50.18 a barrel .
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